The timing of goodwill write-off: cases of initial overpayment
This paper explores types of accounting choice related to reporting goodwill impairment losses, if any, exercised by Malaysian listed firms after an implementation of IFRS 3. The study is carried out through an in-depth analysis of annual reports for fifteen firms over a number of years. The fifteen...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Canadian Center of Science and Education (CCSE)
2016
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| Online Access: | https://repo.uum.edu.my/id/eprint/27380/1/IBR%209%2011%202016%2065%2069.pdf |
| _version_ | 1825805636382752768 |
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| author | Abdul Majid, Jamaliah Abu Bakar, Robiah Lode, Nor Asma |
| author_facet | Abdul Majid, Jamaliah Abu Bakar, Robiah Lode, Nor Asma |
| author_sort | Abdul Majid, Jamaliah |
| collection | UUM |
| description | This paper explores types of accounting choice related to reporting goodwill impairment losses, if any, exercised by Malaysian listed firms after an implementation of IFRS 3. The study is carried out through an in-depth analysis of annual reports for fifteen firms over a number of years. The fifteen firms selected are those that have
goodwill arising from business combinations in December 2006/7, reported goodwill impairment losses in the current year or the future year(s), and the goodwill represents 50% or more of the acquisition price. Results show that of the fifteen firms examined, eight firms appeared to exercise the accounting choice in the form of
opportunistic timing in reporting the impairment losses. The study contributes to the accounting choice literature by providing evidence on the timing of goodwill impairment losses for goodwill that arose from an apparent overpayment made at the time of an acquisition of a subsidiary. |
| first_indexed | 2024-07-04T06:35:31Z |
| format | Article |
| id | uum-27380 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:35:31Z |
| publishDate | 2016 |
| publisher | Canadian Center of Science and Education (CCSE) |
| record_format | eprints |
| spelling | uum-273802020-08-26T13:23:26Z https://repo.uum.edu.my/id/eprint/27380/ The timing of goodwill write-off: cases of initial overpayment Abdul Majid, Jamaliah Abu Bakar, Robiah Lode, Nor Asma HF5601 Accounting This paper explores types of accounting choice related to reporting goodwill impairment losses, if any, exercised by Malaysian listed firms after an implementation of IFRS 3. The study is carried out through an in-depth analysis of annual reports for fifteen firms over a number of years. The fifteen firms selected are those that have goodwill arising from business combinations in December 2006/7, reported goodwill impairment losses in the current year or the future year(s), and the goodwill represents 50% or more of the acquisition price. Results show that of the fifteen firms examined, eight firms appeared to exercise the accounting choice in the form of opportunistic timing in reporting the impairment losses. The study contributes to the accounting choice literature by providing evidence on the timing of goodwill impairment losses for goodwill that arose from an apparent overpayment made at the time of an acquisition of a subsidiary. Canadian Center of Science and Education (CCSE) 2016 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/27380/1/IBR%209%2011%202016%2065%2069.pdf Abdul Majid, Jamaliah and Abu Bakar, Robiah and Lode, Nor Asma (2016) The timing of goodwill write-off: cases of initial overpayment. International Business Research, 9 (11). pp. 65-69. ISSN 1913-9004 http://www.ccsenet.org/journal/index.php/ibr/article/view/63227 |
| spellingShingle | HF5601 Accounting Abdul Majid, Jamaliah Abu Bakar, Robiah Lode, Nor Asma The timing of goodwill write-off: cases of initial overpayment |
| title | The timing of goodwill write-off: cases of initial overpayment |
| title_full | The timing of goodwill write-off: cases of initial overpayment |
| title_fullStr | The timing of goodwill write-off: cases of initial overpayment |
| title_full_unstemmed | The timing of goodwill write-off: cases of initial overpayment |
| title_short | The timing of goodwill write-off: cases of initial overpayment |
| title_sort | timing of goodwill write off cases of initial overpayment |
| topic | HF5601 Accounting |
| url | https://repo.uum.edu.my/id/eprint/27380/1/IBR%209%2011%202016%2065%2069.pdf |
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